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LOSS PER SHARE
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
LOSS PER SHARE

NOTE 7 – LOSS PER SHARE

 

Basic net loss per common share is computed by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding during the periods presented. Diluted net loss per common share is computed by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding, including potentially dilutive securities when dilutive.

 

For the three and nine months ended September 30, 2026, and 2025, the Company reported net losses; therefore, all potentially dilutive securities were excluded from the computation of diluted loss per share because their effect would have been anti-dilutive. As a result, basic and diluted loss per share were the same for both periods presented.

 

The following potentially dilutive securities outstanding as of September 30, 2026, and December 31, 2025, were excluded from the computation of diluted loss per share because their effect would have been anti-dilutive:

      
   September 30,
2026
  December 31,
2025
Stock options   5,044,000    5,044,000 
Warrants   2,462,918    846,668 
Convertible debt   1,443,702    1,691,713 
Series AAA preferred stock   314,124    314,124 
Series E preferred stock   10,281    10,281 
Total common stock equivalents   9,275,025    7,906,786